About Pandora Media (NYSE:P)

Pandora Media, Inc. provides music discovery platform services in the United States and internationally. The company offers streaming radio and on-demand music services, which enable the listeners to create personalized stations and playlists, as well as search and play songs and albums on-demand. It also provides Pandora?Ad-Supported Radio Service, an ad-supported service that allows listeners to access a catalog of music, comedy, livestreams, and podcasts through its personalized playlist generating system for free across its various delivery platforms, as well as Premium Access, a service to listeners to access on-demand listening experience; and Pandora Plus, a subscription radio service, which also includes replays, additional skipping of songs, offline listening, higher quality audio on supported devices, and longer timeout-free listening. In addition, the company offers Pandora Premium, an on-demand subscription service that provides users the ability to search, play, and collect songs and albums; build playlists on their own or with the tap of a button; listen to curated playlists; and share playlists on social networks. Pandora Media, Inc. was founded in 2000 and is headquartered in Oakland, California.

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Profitability

Miscellaneous

Pandora Media (NYSE:P) Frequently Asked Questions

What is Pandora Media's stock symbol?

Pandora Media trades on the New York Stock Exchange (NYSE) under the ticker symbol "P."

How were Pandora Media's earnings last quarter?

Pandora Media Inc. (NYSE:P) announced its quarterly earnings results on Thursday, May, 3rd. The Internet radio service reported ($0.27) EPS for the quarter, beating the Zacks' consensus estimate of ($0.38) by $0.11. The Internet radio service earned $319.20 million during the quarter, compared to analysts' expectations of $304.43 million. Pandora Media had a negative return on equity of 198.06% and a negative net margin of 37.21%. Pandora Media's revenue was up 1.0% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.24) EPS. View Pandora Media's Earnings History.

2. According to Zacks Investment Research, "Pandora Media, Inc. operates as a provider of Internet radio in the United States. It provides services to traditional computers, smartphones, such as Android phones, Blackberry phones and the iPhone. When a listener enters a single song, artist, composer or genre to start a station, its mathematical algorithms combine the genes cataloged with individual and collective feedback to suggest songs and build personalized playlists. The Company also offers advertising solutions addressing advertising markets: online display, rich media and video, mobile and broadcast radio. Pandora Media, Inc., formerly known as Savage Beast Technologies Incorporated, is based in Oakland, California. " (2/28/2018)

3. Macquarie analysts commented, "We model 1Q revenue/adj. EBITDA of US$301m/- US$91m, reflecting a trough 1Q while our cumulative 2Q-4Q ’18 adj. EBITDA improves meaningfully vs ‘17 in line with guidance. Our target remains US$5. Impact We model ’18/’19 adj. EBITDA of -US$120m/US$26m; we expect P will return to profitability in 4Q18 and achieve positive annual EBITDA in ’19. This is reflected by ongoing cost initiatives: 1) normalizing content costs, though ad LPMs will fluctuate in the short term due to minimum guarantees; 2) increasing direct sales, which have a better margin profile than app store sales; 3) better balancing the mix of ad- supported/subscription; and 4) expanding into non-music content starting with Podcasts. Overall, we model opex as a % of revenue lower in ’18 vs ’17; our G&A expense is lower YoY however our S&M/product development costs are slightly elevated in ’18 driven by new products/investments in ad tech." (2/25/2018)

5. Aegis analysts commented, "We see a call option levered to continued improvement in ad monetization and continued growth of the subscription business, which we believe added north of 400K subscribers for the Pandora Premium product with partial offsets by the Plus product. Our new price target on the shares is $7." (2/22/2018)

Are investors shorting Pandora Media?

Pandora Media saw a increase in short interest in April. As of April 30th, there was short interest totalling 71,509,016 shares, an increase of 1.7% from the April 13th total of 72,770,590 shares. Based on an average trading volume of 6,465,375 shares, the days-to-cover ratio is presently 11.1 days. Currently, 28.9% of the company's shares are short sold.

Has Pandora Media been receiving favorable news coverage?

News stories about P stock have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern scores the sentiment of media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Pandora Media earned a news sentiment score of 0.02 on Accern's scale. They also assigned news headlines about the Internet radio service an impact score of 43.77 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

Which major investors are selling Pandora Media stock?

P stock was sold by a variety of institutional investors in the last quarter, including WS Management Lllp, Slate Path Capital LP, SLS Management LLC, Commerzbank Aktiengesellschaft FI, BNP Paribas Arbitrage SA, Teacher Retirement System of Texas, California Public Employees Retirement System and Gagnon Securities LLC. Company insiders that have sold Pandora Media company stock in the last year include Christopher Douglas Martin, Christopher W Phillips, David Gerbitz, John Trimble, Karen Sammis Walker, Kristen Robinson, Roger Lynch and Stephen G Bene. View Insider Buying and Selling for Pandora Media.

How do I buy shares of Pandora Media?

Shares of P can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Pandora Media's stock price today?

One share of P stock can currently be purchased for approximately $7.39.

How big of a company is Pandora Media?

Pandora Media has a market capitalization of $1.85 billion and generates $1.47 billion in revenue each year. The Internet radio service earns $-518,390,000.00 in net income (profit) each year or ($1.24) on an earnings per share basis. Pandora Media employs 1,938 workers across the globe.

How can I contact Pandora Media?

Pandora Media's mailing address is 2101 WEBSTER STREET SUITE 1650, OAKLAND CA, 94612. The Internet radio service can be reached via phone at 510-451-4100 or via email at [email protected]

MarketBeat Community Rating for Pandora Media (P)

MarketBeat's community ratings are surveys of what our community members think about Pandora Media and other stocks. Vote "Outperform" if you believe P will outperform the S&P 500 over the long term. Vote "Underperform" if you believe P will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Pandora Media (NYSE:P) Price Target and Consensus Rating

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

35 Wall Street analysts have issued ratings and price targets for Pandora Media in the last 12 months. Their average twelve-month price target is $8.6586, suggesting that the stock has a possible upside of 17.17%. The high price target for P is $18.00 and the low price target for P is $4.00. There are currently 3 sell ratings, 17 hold ratings, 13 buy ratings and 2 strong buy ratings for the stock, resulting in a consensus rating of "Hold."